Sri Lanka Consolidated Acts

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Ceylon hotels corporation Act (No. 14 of 1966) - Sect 26

Interests of members of the board

26. A member of the board who is, directly or indirectly, interested in a contract proposed to be made by the Corporation shall disclose the nature of his interest at a meeting of the board. The disclosure shall be recorded in the minutes of such meeting, and such member shall not take part in any deliberation or decision of such board with respect to such contract.


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